$2,799,000
Est. $14,197/mo5 bd•0.5 ba•4,870 sq ft
16521 Ne 1st Place, Bellevue, WA 98008
• Listed 2026-04-02•New today
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About this home
Set on 1.27 acres across two tax parcels, this private mid-century modern estate offers a rare combination of space, privacy, and location just minutes from Bellevue and Lake Sammamish. Tucked beside Weowna Park with direct access to wooded trails, and the Phantom Lake Loop, the setting feels removed while remaining close to everyday amenities and major shopping and employment centers. Nearly 5,000 square feet of living space is defined by vaulted ceilings, expansive windows, and timeless mid-century architecture, with four fireplaces adding warmth and character throughout. The layout offers flexibility for multigenerational living, home offices, or creative use, and presents a compelling opportunity for thoughtful updates or long-term investment. Outdoor living is equally compelling, with a private pool, hot tub, expansive decking, and a cabana with kitchen—creating a resort-like setting surrounded by mature, park-like landscaping. With secluded distance to neighboring homes, privacy here is both noticeable and rare. A distinctive property offering land, scale, and upside in a highly sought-after Bellevue location. Dual parcels, classic architecture, and strong fundamentals combine to create a unique opportunity for buyers seeking privacy, character, and value-add potential.
Listed by Wayne Kwiatkowski • Coldwell Banker Bain
Listing updated: May 28, 2026 at 05:22pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2501785
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Around this home
Schools
Ratings via SchoolDigger- School #423506406Public · Grades K-5 · 6.3 mi · State rank 126 of 1,0001/10
- School #754261266Public · Grades 6-8 · 8.8 mi · State rank 554 of 1,0002/10
- School #1614694162Public · Grades 9-12 · 9.2 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.
Sold comparable homes
5 recent nearby sales, priced between $2.25M and $3.8M.
$2,250,000Last sold price
439 W Lake Sammamish Parkway Se, Bellevue, WA 98008
$2,825,000Last sold price
15827 Se 4th Street, Bellevue, WA 98008
$2,969,000Last sold price
1035 159th Place Se, Bellevue, WA 98008
Property details
Bedrooms
- 5 bedrooms total
Bathrooms
- 1 half bathroom
Mortgage payment forecast
$16,996 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Lifestyle
4.1/10
Car-Dependent
Most errands require a car
2.9/10
Some bikeability
Minimal bike infrastructure
3.8/10
Some Transit
A few nearby transit options
Provided by Walk Score
Ask about this home
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Market pulse
Bellevue is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 24 days.
Recent sales nearby
Within 1 mile · last 6 months$3,150,000 Sold
6 weeks ago
5 bd•4.5 ba•~4,411 sq ft•Single Family
1246 169th Pl Ne, Bellevue, WA 98008
2%
Under list
—
Days on market
0.7 mi
Distance
$2,995,000 Sold
6 weeks ago
5 bd•2.5 ba•~3,977 sq ft•Single Family
917 167th Avenue Ne, Bellevue, WA 98008
0%
Over list
—
Days on market
0.5 mi
Distance
$1,505,000 Sold
7 weeks ago
3 bd•1.5 ba•~1,870 sq ft•Single Family
17217 Ne 14th Street, Bellevue, WA 98008
0%
Over list
—
Days on market
0.9 mi
Distance
$1,551,225 Sold
4 months ago
4 bd•1 ba•~1,980 sq ft•Single Family
1629 171st Avenue Ne, Bellevue, WA 98008
2%
Under list
—
Days on market
1.0 mi
Distance
$1,449,950 Sold
4 months ago
3 bd•1.5 ba•~1,729 sq ft•Single Family
891 166th Avenue Ne, Bellevue, WA 98008
0%
Over list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data via RentCast · Updated May 2026
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 29, 2026 at 12:12 PM PDT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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HO
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